01/10/2022
When is the real estate market going to slow down? All data points to: not anytime soon!
Especially not in Northeast Florida.
According to recent news reports, Jacksonville has been identified by Zillow* as the #2 market in the country for 2022, and that statistic certainly doesn't surprise anyone around here at Occupy Offers.
Over the past year, we have been feeling the pain points of our buyers who are migrating to FL from other parts of the country and signing the inventory blues. With an already low supply of inventory, a year + of historically low-interest rates, and rising home prices, it has been an uphill battle finding 'the home' for our customers.
What does that mean for homebuyers and sellers?
If you are thinking about making a move, do it now -- don't wait. With home prices continuing to rise, homes could be 22% more expensive by the end of the year. Coupled with increased interest rates, potential buyers will have substantially less buying power in another year.
As a seller, now is a great time to take advantage of the growing demand for homes in our area. Even if you purchased as recently as last year, you are more than likely sitting on some equity by now.
In order to cash in on your equity, I am sure you have asked yourself the questions, 'but where will I go? what is there for me to buy?' While it is true that finding your next home may be difficult, it is not impossible. Occupy Offers can help you maximize your asset by selling at the right time and for the highest amount.
Is now the right time for you to make a move? Let us help you create a custom plan for success, even in a low inventory market!